Apple had been counting on new artificial intelligence features to make the iPhone 16 a major hit. But pre–sale estimates point to a more muted early response than Apple had hoped.

Recently, Apple unveiled its latest phone, the iPhone 16. While it will provide users with a phone that is ready for artificial intelligence (AI) features, it may not be all that exciting. But looks can be deceiving, and early accounts are that the new iPhone is doing just fine. Here's why it could be a big growth catalyst for the business.

There's a cost-effective iPhone Pro if you want to prepare for Apple Intelligence, but Apple will not sell it to you.

Apple iPhone 16 is the most affordable iPhone to offer Apple Intelligence, though the features will continue to roll out into early 2025.

Discover if it's worth upgrading to the new Apple iPhone 16 Pro Max or if you should stick with your current iPhone

The iPhone 16 chip jumps two whole generations, from the A16 to the new A18, which has a 6-core CPU (4 efficiency, 2 performance) and a 5-core GPU. In addition to increased performance, the A18 promises up to around 30 percent less power usage for the same performance as the chip that was in the iPhone 15.

A pple’s regular-sized iPhone “Pro” model got a pretty nice upgrade this year. Both of the Pro models are now larger, sporting 6.3- and 6.9-inch displays. This is partly due